Florida

IEEFA Research

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry

IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry

Decade-long influx of cheap gas started regional transition; solar expected to finish it

Oct. 1, 2019 (IEEFA U.S.) – Abundant gas supplies have transformed the electricity-generation sector in the traditionally coal-dominated Southeast U.S. Planned new solar construction in the region will add momentum to the energy transition and likely lead to the zeroing out of all coal generation in a number of states in the near future, finds […]

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

Utility-scale batteries give renewables a big lift while undercutting coal and challenging fracked gas

June 14, 2019 (IEEFA) — Momentum is gaining around an industry shift toward utility-scale battery storage systems nationally, finds a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report – Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector  –details upstart storage and storage-expansion projects in Arizona, […]

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley

Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]

IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

April 21, 2017 Read More →
Why This Coal-Fired Electric Plant in Florida Should Be Closed

Why This Coal-Fired Electric Plant in Florida Should Be Closed

The Time Is Right to Retire the 33-Year-Old Mcintosh Unit 3

The aging C.D. Mcintosh Jr. Unit 3 power plant in Lakeland, Fla., should be retired. That’s the inescapable conclusion of a study we published this morning in which we examine the operational costs and performance of the 33-year-old coal-fired plant. It’s not a pretty picture. Unit 3 is not competing very well with other sources […]

October 1, 2015 Read More →

More News and Commentary

Florida Power & Light closes its last coal-fired power plant in the state

Power Engineering: Florida Power & Light’s last coal-fired plant in that state has officially closed. The formal retirement of Indiantown Cogeneration Plant came as the clock struck midnight on Dec. 31. FPL acquired the plant three years earlier for the sole purpose of shutting it down. FPL is owned by NextEra Energy Inc. Another NextEra […]

January 15, 2021 Read More →

Florida municipal utility moving forward with March closure of McIntosh coal plant

The Ledger: City officials gave a thumbs up to Lakeland Electric’s plan to begin shutting down its aging coal plant this March, after the utility calculated the early shutdown could save $13.1 million over the next three years. Lakeland’s utility committee unanimously approved a recommendation by Lakeland Electric to begin decommissioning its coal-burning C.D. McIntosh […]

January 6, 2021 Read More →
IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
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IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now
, and

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

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IEEFA update: Orlando Utilities Commission IRP plan may fall short of carbon reduction goals

Conversion of coal plants to gas called into question; more focus on renewables and energy efficiency needed

December 2, 2020 (IEEFA) — The Orlando Utilities Commission (OUC) has drafted an integrated resource plan (IRP) that is short on public accountability and technical details but long on fossil fuel dependence, according to IEEFA’s director of resource planning analysis. The commission barely gave the public one week to read the document before a public […]

IEEFA U.S.: Coal plants close as renewable energy construction rises

IEEFA U.S.: Coal plants close as renewable energy construction rises

Two sectors heading quickly in opposite directions

Joe Biden’s win in the U.S. presidential election has sparked thousands of words about coming changes to the electric utility sector; the reality is that the marketplace is already quickly pushing these changes. During the past three weeks, seven utilities have announced plans to close or convert almost 9,500 megawatts (MW) of coal-fired generation across […]

November 20, 2020 Read More →

Florida muni OUC to close Stanton coal plant by 2027

Orlando Sentinel: Orlando’s landmark power plants will cease burning coal by 2027 and switch to natural gas as an early step in a sweeping plan by the city’s utility for a surge in solar energy and cuts in carbon emissions of 50 percent by 2030 and entirely by 2050. OUC has taken nearly two years […]

October 15, 2020 Read More →

NextEra Energy planning its first green hydrogen project

Greentech Media: NextEra Energy is closing its last coal-fired power unit and investing in its first green hydrogen facility. Through its Florida Power & Light utility, NextEra will propose a $65 million pilot in the Sunshine State that will use a 20-megawatt electrolyzer to produce 100 percent green hydrogen from solar power, the company revealed […]

July 27, 2020 Read More →

Duke’s Florida utility looks to add 750MW of new solar in the state by 2024

WLRN: Four months after Florida Power & Light received approval for a similar program, Duke Energy Florida is asking regulators to sign off on a $1 billion plan that would add 10 solar-power plants in the state. Duke filed a proposal last week at the state Public Service Commission for what it has dubbed the […]

July 13, 2020 Read More →
IEEFA U.S.: Utilities are now skipping the gas ‘bridge’ in transition from coal to renewables

IEEFA U.S.: Utilities are now skipping the gas ‘bridge’ in transition from coal to renewables

New strategies in Arizona, Colorado, Florida and New Mexico signal an abrupt break with fossil fuels

Last week was a momentous one in the U.S. utility sector’s transition from fossil fuels to renewable power generation. Utilities in three states announced plans to close one or more of their coal plants and build new renewables—without adding any new gas-fired generation to serve as a “bridge.” Two of the three proposals, from Tucson […]